Which of the following does NOT pertain to how e-mail has affected employee communication?
A) E-mail enables managers to deliver concerns quickly with less effort.
B) E-mail enables managers to deliver praise quickly with less effort.
C) E-mail interferes with workflow.
D) E-mail tends to facilitate more honest and immediate feedback than other approaches.
C
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In its first year of business, Borden Corporation had sales of $2,200,000 and cost of goods sold of $1,300,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):
A.
Sales Refund Payable | 132,000? | |
Accounts receivable | 132,000? |
B.
Sales Returns and Allowances | 132,000? | |
Sales Refund Payable | 132,000? | |
Inventory Returns Estimated | 78,000? | |
Cost of goods sold | 78,000? |
C.
Accounts Receivable | 2,200,000? | |
Sales | 2,200,000? |
D.
Sales | 2,200,000? | |
Sales Refund Payable | 132,000? | |
Accounts receivable | 2,068,000? |
E.
Sales returns and allowances | 132,000? | |
Sales | 132,000? | |
Cost of Goods Sold | 78,000? | |
Inventory Returns Estimated | 78,000? |
All of the following normally are found in a corporation's stockholders' equity section except
a. Common Stock. b. Additional Paid-in Capital. c. Retained Earnings. d. Dividends in Arrears.
One of the drawbacks of full product cost is that it is relevant only for companies providing services
Indicate whether the statement is true or false
________ are popular vehicle used to finance mergers and takeovers
A) Income bonds B) Junk bonds C) Floating rate bonds D) Convertible debentures